Risk Management is Good Management Presentation by Mansoor Ali Khan Head Risk Management.
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Risk Management is Good Management
Presentation by Mansoor Ali Khan
Head Risk Management
Presentation Summary
Risk Management Workshop - Jan 2010
• Nature and Type of Risks in the Non-life sector • Risk Identification Methodology • Assessment of Risk • Current RM Practices in Non-life Industry (What we do) • What should we be doing? • Comparison of Industrial Practices • How can we assist Insured in areas of people safety & processes?
• Security measures and use of technology
• Focus will be on Fire / Property and Engineering risks
• Industrial Projects, Power Plants, Refinery, Fertilizer and
Cement Plants
Risk Management Workshop - Jan 2010
Nature & Type of Risks in the Non-life sector
• Industry Knowledge & Experience
• Knowledge & Experience of Processes
• Discussion with management & personnel
• Walk around of Installation
• Objective / Technical Observations
Risk Management Workshop - Jan 2010
Risk Identification Methodology
• Descriptive Report
• Photographs & Video of premises
• Practical, doable and affordable recommendations
• Assistance to Insured
• Follow-up & Review
Risk Management Workshop - Jan 2010
Assessment of Risk
• Current RM Practices in Non-life Industry
• Own
• Outsource (Local Surveyors)
• Bring in expat specialist surveyors
• Brokers
Risk Management Workshop - Jan 2010
What we do?
• Structure of RM
• Adequate & Trained H.R.
• Training & Development opportunities
• Exposure to expat risk manager practices
Risk Management Workshop - Jan 2010
What should we be doing?
• Comparison of Industrial Practices
• Safe and unsafe practices and arrangements
Risk Management Workshop - Jan 2010
Pictures
Risk Management Workshop - Jan 2010
Access to Fire Equipments
DifficultAccessible
Risk Management Workshop - Jan 2010
Storage Condition
Risk Management Workshop - Jan 2010
Storage Condition
Risk Management Workshop - Jan 2010
Housekeeping
Good Poor
Risk Management Workshop - Jan 2010
Safety Awareness
Risk Management Workshop - Jan 2010
Unsafe wiring
Risk Management Workshop - Jan 2010
Familiar Sight
Risk Management Workshop - Jan 2010
Unsafe / dangerous electrical wiring
Risk Management Workshop - Jan 2010
Vintage Fire Tender
Waiting to catch Fire
Risk Management Workshop - Jan 2010
• How can we assist Insured in areas of people safety & processes?
• What steps taken to reduce risks
• What risk should be retained?
• How much risk should be transferred?
Risk Management Workshop - Jan 2010
How can we assist Insured?
• Risk Selection (Good / Poor risk)
• Loss Experience (Frequency / Severity)
• Judgment from risk identification
Risk Management Workshop - Jan 2010
RM for Insurers
State of affairs
Risk Management Workshop - Jan 2010
Security
• Security • It’s a totally changed environment• Guards and fences – don’t work anymore• Technology does • CCTVs, Metal detectors, bomb blankets.• Employee and Visitor access • Restricted access • Document and electronic security
Risk Management Workshop - Jan 2010
Security
Risk Management Workshop - Jan 2010Access Control Systems Metal Detector
Security
Risk Management Workshop - Jan 2010
Thank you Questions are now welcome
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